Opto Speed and Mitsui Sign Distribution Agreement

Feb. 10, 2003
Ruschlikon, Switzerland, February 10, 2003. Opto Speed, a developer, manufacturer and marketer of high-value-added optoelectronic modules for the communication, test & measurement, medical and defense markets, has signed a distribution agreement with Mitsui & Co., Ltd., to sell and support Opto Speed's suite of products in the Japanese market.

Ruschlikon, Switzerland, February 10, 2003. Opto Speed, a developer, manufacturer and marketer of high-value-added optoelectronic modules for the communication, test & measurement, medical and defense markets, has signed a distribution agreement with Mitsui & Co., Ltd., to sell and support Opto Speed's suite of products in the Japanese market.

Mitsui's Semiconductor Business Group subsidiaries are expanding their business in the optical device industry. Mitsui has chosen to work together with Opto Speed because of Opto Speed's Indium Phosphide core technology. Mitsui expects this alliance to further expand the optoelectronics business.

Opto Speed offers transceiver manufacturers a complementary set of 622Mb/s, 1.25Gb/s, 2.5Gb/s, 10Gb/s and 40Gb/s photodetectors, Fabry Perot and DFB lasers at both 1300nm and 1550nm wavelengths as well as 1300nm and 1550nm Semiconductor Optical Amplifiers. Opto Speed also designs and manufactures high power, high bandwidth Superluminescent LEDs for applications in communications as well as the medical, lighting and also test and measurement sectors.

Finally, Opto Speed has developed an Optical Front End, which combines a 40Gb/s photodiode with electronic transimpedance and postamplifiers with differential output monolithically integrated on a single InP chip. The integrated Optical Front End is one of the first commercially available monolithically integrated optical components and is currently being tested by several potential customers.

"Mitsui values our long-standing lead in highspeed III-V technology. We are very pleased with Mitsui's commitment to our product lines and their outstanding support on gaining access to important markets within communications, test & measurement, space and medical applications. The agreement with Mitsui will further strengthen our existent position in Japan and Asia. We anticipate that this agreement will also be significantly accretive to earnings in coming years", added Felix Stutz, International Distribution Manager of Opto Speed.

"Opto Speed's high-value-added optoelectronic modules and components strengthen Mitsui's optoelectronic product lines to enhance our business aiming at telecommunication market, datacommunication market, test & measurement market, and other optoelectronics business markets. We now have a strong portfolio to offer value to our key customers", added Yoshihisa Watanabe, General Manager Electronics Device Department, Mitsui.

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